WTR Company Profile

Aqua America- (WTR) - the company operates as the holding company for regulated utilities that provide water or wastewater services in the United States. It serves residential, commercial, fire protection, industrial, and other water and wastewater customers in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, New York, Florida, Indiana, Virginia, Maine, Missouri, and South Carolina. As of December 31, 2007, it served approximately 3 million customers. The company was founded in 1968 and is based in Bryn Mawr, Pennsylvania.

Before the bell on Monday, water utility company Aqua America Inc (WTR) reported a rise in profit and revenue for the fourth quarter. However, adjusted net income and revenue both missed estimates.
The Bryn Mawr, Pennsylvania-based company said its fourth quarter profits were up substantially, coming in at $66.56 million, or 47 cents per share, from $34.01 million, or 24 cents per share, in the same period a year earlier.
Income from continuing operations came in at $65.13 million, or 46 cents per share, from $31.51 million, or 23 cents per share, a year earlier.
Adjusting for one-time items, which includes a 22 cent per share tax benefit, the company earned 25 cents per share in the quarter.
Aqua America's quarterly revenue rose to $187.48 million, up from $166.79 million in the fourth quarter of 2011.
According to analysts polled by Thomson Reuters, WTR was expected to earn 28 cents per share on revenue of $197.06 million.
Aqua America shares were down 33 cents, or -1.14%, during pre-market trading on Monday. The stock is up +28.29% over the past year.
The Bottom Line
Shares of Aqua America (WTR) have a dividend yield of 2.42% based on Friday's closing price of $28.93 and the company's annualized dividend payout of 70 cents per share.
Aqua America Inc (WTR) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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American Water Works: Can Profits Flow? (AWK)

Aug 9, 2008

American Water Works (AWK) has struggled a bit since coming IPO this year. The stock is in a sector that is attracting attention, as concerns over water supplies has some believing that water is the "new oil".
We see the stock as an interesting play, but we do not have it on our "Recommended" list as this present time. The company does rely on getting local governments to approve cost increases, so there seems to be a lid on how well profits can grow. Most states are hurting in the current economic slowdown, and they may feel that the consumers may be getting hit hard with everything else, that passing water price increases may be easier said than done.
The company does have a dividend yield of 4.00%, based on last night's closing stock price of $20.07. We would like to see how earnings come in over the next quarter to see if the current economic slowdown will continue to weigh on the stock. For investors that need exposure to a water utility, we recently recommended Aqua America (WTR) .
Aqua America (WTR) is not a recommended dividend stock at this time, holding a Dividend.com rating of 3.3 out of 5 stars.Be sure to visit our complete recommended list of the Best Dividend Stocks as well as a detailed explanation of our ratings system here.

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*** All dividend payout and date information on this website is for information purposes only. We do not guarantee the accuracy of any dividend dates or payout amounts. Always check with your broker first before purchasing any security.